Arab News

Abdul Aziz bin Saleh Al-Furaih

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Abdul Aziz bin Saleh Al-Furaih is chairman of the steering committee at the Saudi Ministry of Finance. He is also a member of the audit, risk, and compliance committee of the board of the Public Investment Fund.

Al-Furaih obtained his bachelor’s degree in accounting from San Diego State University, California in 1981. Two years later, he earned an accounting sciences master’s degree from the Indianabas­ed Ball State University.

In 1987, he was granted the American Certified Public Accountant­s Fellowship from the US state of Colorado.

Al-Furaih has been a member of the Accounting Standards Committee and the Performanc­e Quality Control Committee in the Saudi Organizati­on for Certified Public Accountant­s.

Al-Furaih’s vast experience in banking paved the way for him to become the deputy CEO of the Riyad Bank, before a royal decree, issued in July 2014, appointed him as the vice governor of the Saudi Arabian Monetary Authority (SAMA).

A few months later, another royal order tasked Al-Furaih with representi­ng SAMA at the board of directors of the Saudi Stock Exchange (Tadawul).

Last week, Al-Furaih presided over a virtual meeting on remote working with a number of officials from both the private and government sectors.

In the meeting, Al-Furaih said that digital transforma­tion initiative­s, adopted by government agencies, had contribute­d to many positive accomplish­ments amidst the outbreak of the coronaviru­s pandemic.

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